New Risk • Apr 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 61% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Revenue is less than US$1m (AU$1.3m revenue, or US$903k). Minor Risk Market cap is less than US$100m (AU$21.0m market cap, or US$15.1m). Tillkännagivande • Apr 02
Buxton Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3.024746 million. Buxton Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3.024746 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 83,421,316
Price\Range: AUD 0.035
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,000,000
Price\Range: AUD 0.035
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 17
First half 2026 earnings released: AU$0.005 loss per share (vs AU$0.014 loss in 1H 2025) First half 2026 results: AU$0.005 loss per share (improved from AU$0.014 loss in 1H 2025). Revenue: AU$618.5k (up 69% from 1H 2025). Net loss: AU$1.85m (loss narrowed 36% from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Oct 15
Buxton Resources Limited, Annual General Meeting, Nov 19, 2025 Buxton Resources Limited, Annual General Meeting, Nov 19, 2025. Location: at 15 robinson avenue, belmont, western australia Australia New Risk • Sep 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.9m free cash flow). Earnings have declined by 39% per year over the past 5 years. Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m (AU$1.0m revenue, or US$662k). Market cap is less than US$10m (AU$10.7m market cap, or US$7.04m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). New Risk • Sep 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m (AU$1.0m revenue, or US$666k). Market cap is less than US$10m (AU$10.3m market cap, or US$6.78m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). New Risk • Aug 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m (AU$1.0m revenue, or US$661k). Market cap is less than US$10m (AU$9.96m market cap, or US$6.50m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Aug 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 65% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m (AU$1.0m revenue, or US$655k). Market cap is less than US$10m (AU$13.1m market cap, or US$8.43m). New Risk • May 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m (AU$1.0m revenue, or US$650k). Market cap is less than US$10m (AU$8.01m market cap, or US$5.13m). Tillkännagivande • Apr 07
Buxton Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Buxton Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 44,626,771
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 75,373,229
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 18
First half 2025 earnings released: AU$0.014 loss per share (vs AU$0.013 loss in 1H 2024) First half 2025 results: AU$0.014 loss per share (further deteriorated from AU$0.013 loss in 1H 2024). Revenue: AU$365.4k (down 83% from 1H 2024). Net loss: AU$2.90m (loss widened 24% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 36% per year whereas the company’s share price has fallen by 31% per year. New Risk • Mar 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.7m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m (AU$1.0m revenue, or US$644k). Market cap is less than US$10m (AU$7.36m market cap, or US$4.67m). New Risk • Mar 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.7m free cash flow). Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m (AU$1.0m revenue, or US$641k). Market cap is less than US$10m (AU$5.75m market cap, or US$3.64m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (AU$8.97m market cap, or US$5.59m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (AU$2.8m revenue, or US$1.7m). New Risk • Dec 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (AU$9.66m market cap, or US$6.22m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (33% increase in shares outstanding). Revenue is less than US$5m (AU$2.8m revenue, or US$1.8m). Tillkännagivande • Nov 22
Buxton Resources Limited Approves the Election of Jared Jacob as Director Buxton Resources Limited held its AGM on 22 November 2024, approved the election of Jared Jacob as Director. Tillkännagivande • Nov 05
Buxton Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.59451 million. Buxton Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.59451 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,146,308
Price\Range: AUD 0.065
Transaction Features: Subsequent Direct Listing Tillkännagivande • Oct 23
Buxton Resources Limited, Annual General Meeting, Nov 22, 2024 Buxton Resources Limited, Annual General Meeting, Nov 22, 2024. Location: 15 robinson avenue, belmont, western australia, Australia Reported Earnings • Sep 28
Full year 2024 earnings released: AU$2.32 loss per share (vs AU$0.018 loss in FY 2023) Full year 2024 results: AU$2.32 loss per share (further deteriorated from AU$0.018 loss in FY 2023). Revenue: AU$2.85m (up 19% from FY 2023). Net loss: AU$4.04m (loss widened 43% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 184 percentage points per year, which is a significant difference in performance. New Risk • Jun 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (AU$15.5m market cap, or US$10.2m). Tillkännagivande • Jun 08
Buxton Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5 million. Buxton Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,411,765
Price\Range: AUD 0.085
Discount Per Security: AUD 0.0051
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Jun 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.7m (US$9.74m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.5% per year over the past 5 years. Market cap is less than US$10m (AU$14.7m market cap, or US$9.74m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Tillkännagivande • Jun 01
Buxton Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million. Buxton Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,764,706
Price\Range: AUD 0.085
Discount Per Security: AUD 0.0051
Security Features: Attached Options Tillkännagivande • May 31
Buxton Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Buxton Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,411,765
Price\Range: AUD 0.085
Discount Per Security: AUD 0.0051
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 20
First half 2024 earnings released: AU$0.013 loss per share (vs AU$0.004 loss in 1H 2023) First half 2024 results: AU$0.013 loss per share (further deteriorated from AU$0.004 loss in 1H 2023). Revenue: AU$2.15m (up 56% from 1H 2023). Net loss: AU$2.33m (loss widened 283% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. New Risk • Mar 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$4.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$4.1m free cash flow). Earnings have declined by 7.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (AU$20.8m market cap, or US$13.6m). New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Revenue is less than US$5m (AU$2.4m revenue, or US$1.6m). Market cap is less than US$100m (AU$25.1m market cap, or US$16.6m). Tillkännagivande • Jan 15
Buxton Resources Limited Announces Resignation of Eamon Hannon as Non-Executive Director Buxton Resources Limited announced that non-executive director, Eamon Hannon, has resigned from the Board with effect from January 15, 2024. Mr. Hannon leaves the company in a very strong position with an enviable portfolio of highly prospective assets across a range of critical minerals including copper at Copper Wolf and Wolverine, graphite at Graphite Bull and nickel at Dogleg. The Company also has a range of other earlier stage prospects and a tight capital structure allowing maximum upside leverage for shareholders. Mr. Hannon joined in July 2014 at a critical time for the Company. He served initially as CEO and then as Managing Director until August 2023 when he moved to a non-executive Board role. Tillkännagivande • Oct 17
Buxton Resources Limited, Annual General Meeting, Nov 17, 2023 Buxton Resources Limited, Annual General Meeting, Nov 17, 2023, at 10:00 W. Australia Standard Time. Location: Suite 1, First Floor 14 - 16 Rowland Street, Subiaco Western Australia Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the directors, the directors' report, the remuneration report and the auditor's report; to consider the Remuneration Report; to consider the RE-ELECTION OF DIRECTOR EAMON HANNON; to consider the RE-ELECTION OF DIRECTOR ANTHONY MASLIN; to consider and APPROVAL OF ADDITIONAL 10% CAPACITY; to consider the AMENDMENT TO CONSTITUTION; to consider and APPROVAL TO ISSUE OPTIONS TO SEAMUS CORNELIUS; and to consider other matters. Tillkännagivande • Aug 09
Buxton Resources Limited Announces CEO Changes Buxton Resources Ltd. announces that it's Managing Director and CEO, Eamon Hannon, will be stepping down from his role to take up a non-executive position. Mr. Hannon has been with Buxton for nine years, during which time he has overseen the Company's transformation from a pure exploration company to one with two world-class development projects, an ASX 100 major shareholder/Joint Venture Partner IGO Ltd, plus a portfolio of high quality exploration assets. Mr. Hannon will be succeeded by Martin Moloney as Interim CEO. Marty has been with Buxton for four years in the roles of Chief Geologist and Head of Resources. Mr. Hannon will remain on the Buxton board of directors and will continue to provide his support to the Company. Tillkännagivande • Feb 07
Buxton Resources Ltd Updates Shareholders on Progress At Buxton's 100% Owned Graphite Bull Project, Gascoyne Region, WA Buxton Resources Ltd. updated shareholders on progress at Buxton's 100% owned Graphite Bull project, Gascoyne Region, WA. Modelling of results from the recent Ground EM survey has now been completed by Southern Geoscience Consultants. Multiple individual plates have been identified with conductance averaging 3,600 Siemens, up to 10,300 Siemens. Graphite mineralisation is the only geological material identified in this area that can account for the EM anomalies. The modelling results are best presented on long section and indicate graphite mineralisation extends along a strike length of at least 2,300 metres within a cross-strike width of about 50 metres. Within this 2,300m, Buxton's 2014 Inferred Resource of 4 Mt @ 16.2 % Total Graphitic Carbon (TGC) occupies a strike length of just 460 metres. Historical drilling (1974) directly along strike but outside these modelled plates includes CEC_11 which intersected 12.2 metres @ 17.5% graphite, and CEC_13 which ended in 3 metres @ 10% graphite. These outlying intersections, coupled with existing Buxton drilling, substantially de-risk the EM modelling. Buxton will immediately commence wide spaced exploration drilling to confirm along-strike graphite grades and thicknesses, which cannot be directly inferred from EM modelling. To that end, a second Programme of Work was submitted to DMIRS, and has been approved. This complements existing approvals for work in the central resource area, which allow for extensional drilling over approximately 1,000 metres of strike length. Encouragingly, demand for Li-ion batteries, fuel cells and other graphite-intensive renewables technology continues to escalate, pushing the global graphite market into deficit for the first time in modern history. These ground EM results indicate that Graphite Bull is a large mineralised system, with conductive graphite mineralisation present over at least 20 times the long- sectional area of the defined Resource. Mineralisation also extends far below existing drilling, with the deepest EM plates extending 1,500 m below surface. In comparison, the deepest part of the defined Resource is 250 m below surface. Buxton looks forward to providing regular updates to shareholders on this 100% Buxton-owned graphite project. Tillkännagivande • Jan 30
Buxton Resources Limited Announces Commencement of Moving Loop Electromagnetic (Mlem) Surveying At the Narryer JV Project Buxton Resources Limited announced that Moving Loop Electromagnetic (MLEM) surveying has commenced at the Narryer JV Project. The ground MLEM survey will aim to identify drilling targets for immediate follow-up and will commence at the Bandito prospect where multiple, high-priority airborne EM anomalies are associated with magnetic features close to the Yilgarn Craton Margin - a geological setting consistent with the orthomagmatic Ni-Cu-PGE sulphide deposit model. The survey is being undertaken by Wireline Services Group using a GeoResults DRTX TX4 high power transmitter (~100 Amps) and highly sensitive EMIT Fluxgate B-field sensors. Tillkännagivande • Jan 23
Buxton Resources Limited Announces Graphite Bull 100% BUX, Gascoyne Region, Western Australia Buxton Resources Ltd. update shareholders on progress at Buxton's 100% owned Graphite Bull project, Gascoyne Region, WA. Preliminary results from "sighter" 2023 flotation tests in Perth have easily exceeded the >95% TGC commercial graphite concentrate benchmark, a first for Graphite Bull. Key outcomes tabulated below; these are outstanding results by any measure. Results to date, all from one master sample, reflect the wide-ranging experimental nature of this work, focused initially on demonstrating high-grade concentrate production from Graphite Bull material. This has now been achieved. Previous (2015) flotation work never reached more than 92% TGC in concentrate due to a focus on maintaining Flake size. Current work is ongoing, with final results expected in March. Importantly, conventional flotation recoveries of well over 85% into 95% TGC concentrate have now been demonstrated, a critical commercial milestone in the development of Graphite Bull. These are interim results from non-optimised open-circuit sighter or calibration tests, not necessarily applicable to large-scale production. Battery Limits Pty Ltd. (BL) and Independent Metallurgical Operations Pty Ltd. (IMO) have been engaged to manage this testwork in a collaborative approach, fast-tracking evaluation of Graphite Bull material for suitability as feedstock to Purified Spherical Graphite (PSG) production. Buxton is confident further improvements will be made as work progresses. This is the first flotation testwork at Graphite Bull since 2015 and is also the first work specific to PSG production for Li-ion battery anodes. Work consists of conventional graphite flotation processing, without either chemical or thermal purification. Tillkännagivande • Jan 10
Buxton Resources Limited provides Exploration Update on Graphite Bull Project Buxton Resources Limited updated shareholders that the Moving Loop Electromagnetic (MLEM) survey to identify drill targets adjacent to the existing Resource has commenced at Buxton's 100% owned Graphite Bull project. The high-power ground MLEM will identify any untested high-grade zones proximal to the known resource. These will be in addition to several high-grade zones open within the existing Resource, for example, westwards from YBRC0015 (31m @ 22.5% TGC) and YBRC0016 (30m @18.9% TGC). Buxton therefore anticipates that the MLEM will provide targets to expand the current Resource of 4M @ 16.2% TGC, particularly given the existing Resource covers 450 metres of strike, and airborne EM indicates excellent potential for additional graphite mineralisation along at least 3 km of strike. Buxton is also pleased to announce that the Wajarri Yamaji Aboriginal Corporation("WYAC") in conjunction with Archaeological Excavations Pty Ltd. have completed a heritage survey at Graphite Bull. The polygon clearance survey will enable final planning and commencement of extensional, exploration and some infill drilling in fist quarter of 2023, for which a Program of Works approval is already in place. During November, Buxton engaged two experienced and well credentialled WA graphite metallurgical consultants, BatteryLimits and Independent Metallurgical Operations (IMO) to undertake collaborative testwork on flotation pathways through to a >95% TGC concentrate suitable as feed for purified spheroidised graphite (PSG) production. A representative 51 m @ 15.8% TGC 133 kg master sample of diamond drill half-core was submitted to ALS Metallurgical on 17 November for crushing, blending and sub-sampling. Flotation testwork by BatteryLimits and IMO is well underway, with the first three float tests successfully completed. Final results are expected early in 2023. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Stuart Fogarty was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Nov 07
Buxton Resources Limited Announces Magnetics Defines Setting of Porphyry Cu-Mo System Project Footprint Expanded Buxton Resources Limited updated shareholders with results of processing, interpretation and field follow-up of new airborne magnetic data at the Company's Copper Wolf Project. The new magnetic data has helped to better understand the 3D structural architecture of the Project area. An obvious NE trending discontinuity transects the centre of the entire Project area at depth, and which aligns with the principal orientation of Laramide aged mineralisation in this porphyry belt. These NE structures represent an arc-normal orientation which typically localise ore deposits within porphyry belts globally. Recent Buxton field follow-up has aimed to ground proof these structures. This fieldwork has identified an untested outcropping zone of fault-related Cu-Mo mineralisation which aligns well with this NE structural orientation. The magnetic data also clearly maps the offset continuation of the NW trending Cow Creek Fault zone into areas that have not been drill tested. The intersection of the interpreted NW and NE structural corridors defines several high priority targets for future exploration at Copper Wolf. This work highlights the potential for modern geophysics to define drill targets below the cover sequence, including at shallow depths, and that porphyry style mineralisation in the Project area may be significantly more extensive than previously known. Buxton's drillhole compilation has been filtered to highlight historical holes with known potassic alteration zones, specifically where secondary K-feldspar flooding &/or secondary biotite has been observed in core. Drillholes with assays of Cu > 0.5% and /or Mo > 0.1% in hypogene or transitional hypogene /supergene parts of the system are also highlighted where detailed alteration logging is not available. Together, these intersections are interpreted to be proximal to the source of porphyry intrusions and fluids responsible for high grade Cu/Mo mineralisation. The spatial distribution of the highlighted drillhole intersections reveals there are several distinct mineralisation "clusters" present at Copper Wolf which collectively represent an extensive alteration footprint. Additionally, the location and orientation of the Sheep Mountain Stock has been replicated by implicit modelling of drillhole assays showing an elevated Mo/Cu ratio. The Stock appears to be an early /pre-mineral intrusion around which high-grade porphyry Cu-Mo mineralisation has developed. Buxton's implicit modelling agrees with historical reports that indicate the Stock is plunging 50° west-northwest1. A particularly compelling set of exploration targets are evident along the NW trending edge of the basement block analogous to the Rattler Cluster /Cow Creek Fault zone. The principal target is at the Bobcat Cluster, which lies at the intersection of the NE trending Bobcat Cluster Fault and NW trending Cow Creek Fault structures, and above the NW plunging Sheep Mountain Stock. This area has only been sparsely tested by drilling. A second conceptual target is located further NW along the Cow Creek Fault and is defined by a similar NE + NW structural intersection where no historical drilling has been undertaken. Based on these results, Buxton has expanded the project footprint by securing a second 640-acre State Mineral Exploration Permit. Furthermore, Notices of Intent to Locate additional BLM lode claims have been issued to landholders which will provide Buxton exclusive rights to expand the total project tenure to over 12.5 km2 by the end of 2022. Buxton has also struck several land access agreements that provide access to and across key parcels of private land to support the forward exploration program.Buxton will utilise these results to define targets for additional ground geophysics and drilling, and will update shareholders with progress in due course. Tillkännagivande • Oct 30
Buxton Resources Limited, Annual General Meeting, Nov 29, 2022 Buxton Resources Limited, Annual General Meeting, Nov 29, 2022, at 09:00 W. Australia Standard Time. Location: Claremont Football Club 3 Davies Road Claremont Western Australia Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2022 together with the declaration of the directors, the directors' report, the remuneration report and the auditor's report; to consider remuneration report; to consider the re-election of Seamus Cornelius as DIRECTOR; to consider the re-election of Stuart Fogarty as DIRECTOR; to consider ADDITIONAL 10% CAPACITY; to RENEW PROPORTIONAL TAKEOVER PROVISIONS; and to consider the appointment of auditor. Tillkännagivande • Oct 17
Buxton Resources Limited Provides an Update for its 100% Owned Graphite Bull Project Buxton Resources Limited provided an update for its 100% owned Graphite Bull project (formerly known as Yalbra) located in Western Australia. Recently completed metallurgical development work in Perth on diamond core from Graphite Bull has produced graphite concentrates grading from 99.2% to 99.8% C. This equals or exceeds the 99.4% C concentrate grade achieved by previous more complex process testwork in Canada. Importantly, every stage of this new, much simplified process is well proven technology using "off the shelf" components. Following changes in the graphite market, earlier in 2022 Buxton commissioned new metallurgical process development work, focused on product purity and process cost, rather than Flake size. Since about 2020, demand for high purity natural graphite product as feedstock for lithium- ion battery anode manufacture has risen significantly, as have prices. That production process includes grinding of graphite down to 2 microns (0.002 mm) before shaping into spheres 12-20 microns in diameter, for significant value-add. Flake size in concentrate is not relevant to this growing market. This major encouragement in Graphite Bull economics has driven a re-start of project work. Hydrological, Heritage and ground Geophysical EM surveys will commence within the month. Scoping studies on possible operations and site hydrogeology have already enabled application for two new Miscellaneous Licenses, for road access (297 Ha) and Water Search (4,313 Ha). Recent conductivity testing of 2014 core indicates both ground and down-hole EM will work well to de- risk drilling. An ambitious infill and extensional RC and diamond drilling program commencing as soon as geophysical and Heritage surveys are concluded will upgrade confidence in, and expand, the existing Inferred Resource of 4.0 Mt @ 16.1% TGC. Further metallurgical sample will be obtained, with geotechnical, groundwater and other technical, environmental and permitting investigations also progressed. Buxton looks forward to providing shareholders with regular progress updates on this initiative over coming months. Tillkännagivande • Oct 13
Buxton Resources Limited and Igo Ltd Identifies Multiple High Priority Anomalies At the Narryer Project, Including At the Newly Defined Bandito Ranger Prospects Buxton Resources Limited updated shareholders that interpretation of Airborne EM (AEM) by JV partner IGO Ltd. has identified multiple high priority anomalies at the Narryer Project, including at the newly defined BanditoRanger Prospects. IGO have identified 21 Priority 1 and 2 anomalies (warranting immediate follow-up) along with 214 Priority 3 anomalies from Buxton AEM survey. Based on this analysis, IGO have identified the newly defined Bandit and Ranger Prospects as areas for immediate follow-up Ground EM subject to a field reconnaissance visit scheduled for the week of 24th October. IGO will be required to strike their Option on the Narryer Project for Ground EM to commence. IGO may earn a 51% interest in the Narryer tenements by spending $3,000,000 within a 3-year period. The highest priority target is associated with several anomalies at the Bandit Prospect, located in the Proterozoic Badgeradda Basin. The northern extension of this area has been covered with exploration license application E09/2722. This target is also associated with a discrete magnetic anomaly. Many Priority 2 anomalies have high Time Constant and are located within a string of Priority 3 anomalies interpreted to represent conductive Archean lithologies. The elevated conductivity of these Priority 2 anomalies may be related to mineralisation, and these areas will be also subject to ground follow-up. Tillkännagivande • Oct 12
Buxton Resources Limited Provides an Update for Its 100% Owned Graphite Bull Project (Formerly Known as Yalbra) Located in Western Australia Buxton Resources Limited provided an update for its 100% owned Graphite Bull project (formerly known as Yalbra) located in Western Australia. For location, see Figures at the end of this announcement. Recently completed metallurgical development work in Perth on diamond core from Graphite Bull has produced graphite concentrates grading from 99.2% to 99.8% C. This equals or exceeds the 99.4% C concentrate grade achieved by previous more complex process testwork in Canada (ASX 9/7/2015). Importantly, every stage of this new, much simplified process is well proven technology using "off the shelf" components. Following changes in the graphite market, earlier in 2022 Buxton commissioned new metallurgical process development work (ASX 4/5/2022), focused on product purity and process cost, rather than Flake size. Since about 2020, demand for high purity natural graphite product as feedstock for lithium-ion battery anode manufacture has risen significantly, as have prices. That production process includes grinding of graphite down to 2 microns (0.002 mm) before shaping into spheres 12-20 microns in diameter, for significant value-add. Flake size in concentrate is not relevant to this growing market. This major encouragement in Graphite Bull economics has driven a re-start of project work. Hydrological, Heritage and ground Geophysical EM surveys will commence within the month. Scoping studies on possible operations and site hydrogeology have already enabled application for two new Miscellaneous Licenses, for road access (297 Ha) and Water Search (4,313 Ha). Recent conductivity testing of 2014 core indicates both ground and down-hole EM will work well to de-risk drilling. An ambitious infill and extensional RC and diamond drilling program commencing as soon as geophysical and Heritage surveys are concluded will upgrade confidence in, and expand, the existing Inferred Resource of 4.0 Mt @ 16.1% TGC (ASX 24/10/2014). Further metallurgical sample will be obtained, with geotechnical, groundwater and other technical, environmental and permitting investigations also progressed. Buxton looks forward to providing shareholders with regular progress updates on this exciting initiative over coming months. Reported Earnings • Sep 29
Full year 2022 earnings released: AU$0.011 loss per share (vs AU$0.009 loss in FY 2021) Full year 2022 results: AU$0.011 loss per share (further deteriorated from AU$0.009 loss in FY 2021). Net loss: AU$1.55m (loss widened 29% from FY 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Sep 19
Buxton Resources Limited Announces Airborne EM Survey Successfully Completed At Buxton's Narryer Project Buxton Resources Limited updated the market that Airborne EM (AEM) surveying has been successfully completed at the Narryer Project. Processing of preliminary data has delineated multiple late time (highly conductive) anomalies. Buxton will undertake a thorough review and field follow-up over the next 6-8 weeks. Once completed Buxton will release the results. Tillkännagivande • Sep 02
Buxton Resources Limited, Annual General Meeting, Oct 04, 2022 Buxton Resources Limited, Annual General Meeting, Oct 04, 2022, at 15:00 W. Australia Standard Time. Location: Suite 1, First Floor, 14 - 16 Rowland Street,Subiaco, Western Australia Subiaco Australia Agenda: To approval of igo transactions; to ratification of issue of placement shares under listing rule 7.1; to approval to issue placement shares to seamus cornelius;to approval to issue placement shares to eamon hannon;to approval to issue placement shares to anthony maslin;to approval to issue placement shares to stuart fogarty;and other subject matters. Tillkännagivande • Aug 25
Buxton Resources Limited Announces Commencement of Drilling At Sentinel Project West Kimberley Buxton Resources Limited updated shareholders with IGO's ongoing exploration program at Sentinel, part of the BUX/IGO West Kimberley JV. Drilling activities for the 2022 field season have commenced with the arrival of a diamond drill rig to the Sentinel Project, West Kimberley. The drilling program includes testing the ground EM target at the Skarloey prospect where a 9,000 Siemen conductor has been modelled. Skarloey was first identified during an airborne EM survey and then upgraded by ground EM and geological traversing that identified prospective Ruins Dolerite, metasediments and secondary Cu-bearing gossans in the area. The Skarloey EM conductor is modelled to be within the Ruins Dolerite at approximately 300m below surface with dimensions of approximately 200m x 150m and has the potential to be larger in size down dip. IGO is continuing to undertake systematic ground geophysical EM surveys using high-temperature SQUID sensors across the Sentinel area. Tillkännagivande • May 04
Buxton Resources Limited Commences Copper Wolf Project Exploration Buxton Resources Limited announced that initial stakeholder engagement and permitting works have been completed at the Company's 100% owned Copper Wolf project. Additionally, Zonge International Inc. have been contracted to fly a drone magnetic survey at 50-metre line spacing /sensor height covering 22 km2. The survey has been designed to extend over available drillhole logging and assay data from the extended Project area. Existing open file magnetic coverage is limited to a 1977 USGS survey having 1.6 km line spacing. Buxton's new magnetic data therefore have the potential to dramatically improve the understanding of the 3D structural architecture of the Project, and to also provide direct drilling targets where magnetic anomalies can be related to potassic style alteration observed at the base of the known drilling. Zonge have mobilised to site and will commence data acquisition immediately on what is understood to be the first company geophysical survey in the Project area since Phelps Dodge undertook IP surveys in 1963. The Copper Wolf Project has been subject to historical exploration activity including diamond drilling with geological logs, assays and associated historical resource estimates 1 available that confirm the presence of a large Laramide porphyry system. The Project is located one of the most prolifically endowed copper belts in the world, yet it has not seen any drilling since the early 1990s, and no exploration geophysics since the early 1960s. Buxton is targeting high grade, underground bulk mineable copper-molybdenum mineralisation. In this setting, Buxton's exploration approach can leverage the significant advances and ready availability of modern geophysical targeting tools and mineral systems knowledge that have been developed since exploration in this area ceased many decades ago. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Stuart Fogarty was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Apr 04
Buxton Resources Limited announced that it has received AUD 1 million in funding Buxton Resources Limited announced a private placement of 10,526,316 ordinary shares at a price of AUD 0.095 per ordinary share for gross proceeds of AUD 1,000,000 on April 4, 2022. The transaction included participation from existing shareholders and sophisticated investors. The entire Board and Executive team of the company also participated in the raise, with the shares to be issued to Directors subject to shareholder approval. The Company will pay a placement Fee equal to 6% (plus GST) of the total value of the Securities placed by any broker. Reported Earnings • Mar 07
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.005 loss per share (vs AU$0.005 loss in 1H 2021). Net loss: AU$747.2k (loss widened 12% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Executive Departure • Nov 29
Non-Executive Director Feng Xue has left the company On the 25th of November, Feng Xue's tenure as Non-Executive Director ended after 5.5 years in the role. We don't have any record of a personal shareholding under Feng's name. Feng is the only executive to leave the company over the last 12 months. Tillkännagivande • Nov 23
Buxton Resources Limited Updates on West Kimberley JV - Sentinel Project Buxton Resources Limited updated its shareholders with a summary of significant results from Joint Venture activities by IGO Limited in the West Kimberley for the 2021 field season. All field activities are 100% funded and completed by IGO. See table 1 for equity positions. Highlights: High conductance EM plates defined by ground EM. > 7km strike length of Ruins Dolerite identified with Merlin-like geochemical signature and coincident airborne EM anomalies. Highly anomalous gold and Cu-Pb-Zn-Ag results from the Marboo Formation. At the Gordon prospect, geochemical assaying confirms that orthomagmatic Ni-Cu-PGE outcropping mineralisation occurs in a locally thickened portion of the Ruins Dolerite where rock chip sampling has returned up to 226 ppb Pt + Pd with elevated Ni & Cu. Reconnaissance mapping with portable XRF demonstrates that this unit has a geochemical signature identical to the Ruins Dolerite surrounding mineralisation at the Merlin prospect. Two high priority Spectrem airborne EM anomalies which are coincident with the sulphide bearing Ruins Dolerite will be the focus of initial Ground EM surveying efforts in the 2022 field season. Elevated coincident Ni-Cu has also been returned from rock chip sampling at the Ferdinand prospect. Moving Loop ground EM (MLEM) and Fixed Loop ground EM (FLEM) surveying was completed in more readily accessible areas in the southeast of the Sentinel area at the Skarlouey and Fearless Freddie Prospect areas. A high conductance plate was detected at the Skarloey Prospect and is modelled to be within the Ruins Dolerite. This plate models at approximately 300m below surface and 9,000 Siemens, with dimensions of approximately 200m x 150m. This plate dips gently to the south and has potential to increase in size down dip. A second high conductance EM anomaly was identified at Fearless Freddy, which is directly along strike from the elevated Ni-Cu results at Ferdinand. The Fearless Freddy anomaly has been interpreted as 5,000 Siemens with a ~400m x 350m plate model dipping at ~60 degree to the south. This anomaly has not been closed out to the northwest. In addition to Ni-Cu-PGE sulphide mineralisation, IGO's rock chip sampling has also returned highly anomalous gold and base-metal results. At the Colemans prospect, sampling of quartz veins intruding tightly folded Marboo Formation metasedimentary rocks has returned very high gold results including 69.7 g/t, 65.4 g/t, 21.9 g/t, 21.4 g/t and 16.4 g/t Au from selective sampling of shallow historic excavations. Numerous historic Volcanogenic Hosted Massive Sulphide (VHMS) and orogenic quartz vein prospects and occurrences were also sampled, with rock chip results up to 12.9% Pb, 0.9% Cu, 0.9% Zn and 114 ppm Ag. Buxton looks forward to IGO's continued efforts on the West Kimberley JV in 2022. Tillkännagivande • Sep 29
Buxton Resources Limited Provides Update on JV activities & Yalbra Graphite Project Buxton Resources Limited updated its shareholders on Joint Venture activities in the West Kimberley and Fraser Range with IGO Ltd. All field activities are 100% funded and completed by IGO. West Kimberley: Significant progress has been made by IGO over the year in West Kimberley. Some of the milestones achieved include: Completion of Native Title agreements allowing access to the highly prospective Sentinel Project area; Field reconnaissance of SPECTREM airborne electromagnetic (EM) targets flown in 2019 with helicopter supported ground mapping and lithogeochemical surveys; Discovery of outcropping Ni-Cu mineralisation coincident with EM targets and hosted by the Ruins Dolerite; and Ground EM currently underway at the Sentinel Project area (70 stations completed to date). Fraser Range: IGO has continued to make steady progress across Buxton's Widowmaker and Zanthus tenements in the Fraser Range, Western Australia. Widowmaker adjoins IGO's recently acquired Silver Knight Ni-Cu resource. Work programs undertaken during the period have included; Moving Loop Electromagnetic (MLEM) surveying (296 stations); Diamond drilling (DD) 3 holes for 1260m; Aircore drilling (AC) 78 Holes for 4041m; and Further diamond drilling on the JV ground will commence during the first half of October. Yalbra Graphite Project: Buxton's 100% owned high grade Yalbra graphite resource located in the Murchison region, Western Australia over the last 12 months has been the subject of significant test work, product development, marketing studies and offtake discussions by Elmore Ltd. an ASX listed processing and mining services group. Metallurgical test work has been focused to find the balance of limited on site processing and concentrate creation, with final product upgrading to occur with the end user. Different grinding sizes and methods are being assessed at various size fractions with wet milling to yield concentrate responses with simple flotation; Leaching is being trialled with a range of mild reagents at different temperatures and chemical combinations of NaOH, HCL and HF acid; and Test work is continuing. Reported Earnings • Sep 29
Full year 2021 earnings released: AU$0.009 loss per share (vs AU$0.008 loss in FY 2020) Full year 2021 results: Net loss: AU$1.20m (loss widened 5.5% from FY 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 19
First half 2021 earnings released: AU$0.005 loss per share (vs AU$0.011 loss in 1H 2020) The company reported a soft first half result with weaker revenues and control over costs, although losses reduced. First half 2021 results: Revenue: AU$37.5k (down 82% from 1H 2020). Net loss: AU$669.4k (loss narrowed 56% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 24
Buxton Resources Limited Updates the Market That RAB Drilling Program Commenced to Follow Up Gold Anomalism Defined by Buxton's Soil Sampling Programs At the 100% Owned Goldmember Project, WA Buxton Resources Limited updates the market that a RAB drilling program has commenced to follow up gold anomalism defined by Buxton's soil sampling programs at the 100% owned Goldmember Project, WA. Buxton controls a 1210 km2 package of contiguous exploration licenses and applications of tenure located in the Eastern Goldfields district of Western Australia. This tenure package consists of two Exploration Licenses granted in January 2020 (E 28/2922 & E 15/1719) over which Buxton has completed soil sampling and five surrounding applications. Buxton has secured a Program of Work authorisation from DMIRS to conduct RAB drilling over an 8 km2 area within E15/1719. This area hosts the newly discovered and previously undrilled Jeffrey Prospect. The Jeffrey Prospect is a ~5km2 gold in soil anomaly which has been defined by Buxton's 2020 soil sampling programs. Buxton's initial RAB program aims to detect a bedrock source for the soil anomaly. The extent of this initial RAB program will depend on drilling conditions, the depth of cover and results of field geological observation and portable XRF readings, however Figure 2 presents a preliminary plan for the RAB program. Buxton will update the market as results come to hand. Tillkännagivande • Oct 03
Buxton Resources Limited Announces the West Kimberley Exploration Update Buxton Resources Limited announced the total of 2675 metres of diamond drilling across three holes has been completed to the 29th September 2020. The program is managed and funded by IGO Ltd. (IGO). Drillhole 20WKDD002, an EIS co-funded hole, is a large 450m step out down-dip of previous drilling completed by Buxton. The hole was designed to test a deep-seated gravity high anomaly, a weak Late Time SQUID EM conductor located down-dip of plates drilled previously by Buxton (Conductors A-B) and to test the down-dip extent of the prospective high-Cr/ultramafic Ruins sill and provide a DHEM platform. The upper 400m intersected foliated mafic intrusive unit and progressed through a package of turbidite meta-sediments and dioritic units. A number of intervals of the prospective Ruins Dolerite unit were intersected between 400m and 830m hosting intermittent weak to moderate mineralization. The zone of sulphide mineralisation was between 611.2m - 618.7m downhole consisting disseminated to moderately net-textured pyrrhotite-pentlandite-chalcopyrite. Drillhole 20WKDD0001, did not hit substantive mineralization at the target depths. Preliminary modelling of the DHEM data for hole 20WKDD001 reveals the main anomalism is a off hole response related to the previously identified Conductor H tested by DMDD0018 with a smaller less conductive in hole/off hole at 430m related to stringer sulphides. Drillhole 20WKDD003 is currently at 888m and will be continued to approximately 1100m. Reported Earnings • Oct 01
Full year earnings released - AU$0.0084 loss per share Over the last 12 months the company has reported total losses of AU$1.14m, with losses narrowing by 56% from the prior year. Total revenue was AU$1.60m over the last 12 months, up 121% from the prior year. Tillkännagivande • Jul 30
IGO Limited (ASX:IGO) acquired an unknown minority stake in mineral assets, the Merlin Project, Quickshears project and West Kimberley Project tenements from Buxton Resources Limited (ASX:BUX) for $1.8 million. IGO Limited (ASX:IGO) acquired an unknown minority stake in mineral assets, the Merlin Project, Quickshears project and West Kimberley Project tenements from Buxton Resources Limited (ASX:BUX) for $1.8 million on January 9, 2020. Adam Myers and Ashton Lombardo of BDO Corporate Finance (WA) Pty Ltd acted as financial advisors to Buxton Resources Limited.
IGO Limited (ASX:IGO) completed the acquisition of an unknown minority stake in mineral assets, the Merlin Project, Quickshears project and West Kimberley Project tenements from Buxton Resources Limited (ASX:BUX) on January 9, 2020.